← Back to Home
Business Verified · 2 sources
Central bank holds key rate steady as inflation cools to 3.1%
Policymakers left the benchmark rate unchanged for a third straight meeting, signalling patience as price growth eases toward target.
The central bank kept its benchmark interest rate unchanged on Monday for a third consecutive meeting, citing cooling inflation that fell to 3.1% last month, closer to its medium-term target.
The monetary policy committee said it would stay data-dependent, leaving the door open to cuts later in the year if price pressures continue to ease. Equity markets edged higher after the announcement.
This is illustrative sample content included with the BreakNewsLine scaffold.
- 01
- 02